Page 38 - Maruti Suzuki

Maruti Suzuki to slash output in September by 60% over chip shortage

Closure of Bosch plant in Malaysia hurt production in September

Maruti expects Sept production at 40% of normal output due to chip shortage

The usage of semiconductors in the auto industry has gone up globally in recent times

Maruti Suzuki sees production impact from semiconductor shortage

India's top car maker Maruti Suzuki expects production at its plants in the states of Haryana and Gujarat to be impacted in September due to a shortage of semiconductors, it said on Tuesday.

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Maruti Suzuki commences sixth round of MAIL initiative

Maruti Suzuki India on Friday said it has commenced taking applications for the sixth round of its Mobility and Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the company, the auto major noted. These selected startups will be closely mentored by industry experts in the domestic and international startup ecosystem, it added. Besides, the participating startups will be provided with an opportunity to turn their innovative ideas into practical and disruptive solutions, and showcase their entrepreneurial capabilities, Maruti Suzuki India (MSI) said in a statement. "As a key stakeholder, we are committed to nurture and promote a culture of innovation in this dynamic industry. In the last two years, we have had an encouraging experience through the MAIL initiative. Already 25 startups are engaged with us and

Words alone won't help auto industry; concrete actions needed: RC Bhargava

A lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps nothing has really happened, Maruti Suzuki India Chairman said

Maruti chairman urges India Inc's managements to cut expenditure amid Covid

In the wake of the pandemic, building internal resources has to become a priority of industry and companies. It requires companies to have a more frugal style of management, says R C Bhargava

Semiconductor shortage temporary, expected to be over by 2022: Bhargava

Maruti Suzuki India has not had a major impact due to global semiconductor shortage, though its production has been hit partly, company Chairman RC Bhargava said on Tuesday

Stocks to watch: Aptus Value, Chemplast, Maruti, Eicher Motors, Canara Bank

The Board of Eicher Motors decided to unanimously reappoint Siddhartha Lal as managing director (MD) with a revised remuneration package

Top headlines: FM announces asset monetisation plan; regulator fines Maruti

Business Standard brings the top headlines of the day

CCI slaps fine of Rs 200 crore on Maruti Suzuki over dealer discount policy

During the probe, Maruti - which has more than 50 per cent share of India's car market - told the regulator that it imposed no such policy and that the dealers were free to offer any discounts

CCI imposes Rs 200 cr penalty on Maruti Suzuki over dealer discount policy

CCI has asked Maruti to 'cease and desist' from indulging in such practices and asked the company to deposit the fine within 60 days

Not a right time to implement next stage of emission norms: Maruti Suzuki

"I don't think it is the right time (to implement) the new stage of CAFE (Corporate Average Fuel Efficiency) norms," MSI Chairman R C Bhargava told PTI

Maruti Suzuki sales at lowest in 6 years amid Covid-induced slowdown

The carmaker's production declined for the third consecutive year in financial year 2020-21 to an 11-year low

Top headlines: Flipkart gets ED notice, Maruti hits chip roadblock

Business Standard brings you the top headlines on Thursday

Maruti hits semiconductor roadblock in Gujarat; plants to cut shift timings

State's plants which produce popular models like Baleno, Swift will shut production for 3 days, cut shift timings

Car sales can grow significantly if we avert third wave: Maruti Chairman

The performance in the next three quarters largely depends on how effectively all our citizens follow the government's advice to get vaccinated and observe safety protocols, says R C Bhargava

Demand revival puts auto sales in top gear, Maruti posts 50% growth

Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year

F&O expiry: Sensex gains 209 pts; Nifty Metal index zooms 5%, PSB index 3%

Tata Steel (up 6.8 per cent), Bajaj twins, SBI, HCL Tech, and Sun Pharma were the top gainers on the Sensex today

Maruti Suzuki Q1 profit falls 62% as Covid-19 hits output, sales

Commodity super cycle to hit margins, says carmaker